Proposed Flood-Proofing Regs Could Dampen NY Development

Law360, New York (December 19, 2012, 7:10 PM ET) -- Recommendations for how to protect New York City buildings from another superstorm like Sandy have begun to trickle in, including several proposed new construction regulations that experts say could put a damper on new development.

The New York City Council on Tuesday proposed several new pieces of legislation that would strengthen flood-proofing requirements for buildings in vulnerable areas and health care facilities by changing the city's building code to match that of the state and the nation when it comes to building elevation in flood zones....
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